Tax Law News. Crime Stories, Law on News and Legal Publications in November, 2011

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Colts hope to regain their confidence in three-game homestand
WSBT-TVNovember 1, 2011

Those are, and have been, the watch words for a highly successful Colts franchise over the years. Now, the same franchise is struggling along with an 0-8 record at the midway point of the season. The Colts are one of two NFL franchises still without a ...more »

Time Warner Trims Its Excesses
New York TimesNovember 1, 2011

To him, the company's corporate headquarters in the gleaming towers of the Time Warner Center is an “indulgence,” a giant reminder of past mistakes made by one of the world's largest media companies. “There was a burgeoning overhead reaching $500 ...more »

Tax Law News and Stories

Business Audit Defence
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Oklahoma School Districts Accused Of Wasting Tax Dollars
News On 6November 8, 2011

The state is conducting a special audit to make sure school districts follow the law when installing new roofs. Roofing expert Denver Green says Oklahoma schools are laying off teachers while wasting millions of dollars in taxpayer money. ...more »

Personal Irs Disputes
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Are Lawyers Independent Contractors Or Employees?
ForbesNovember 2, 2011

Your lawyer is surely an independent contractor. But in other cases it may not be so clear. The distinction matters and big bucks and liability can be at stake. No fringe benefit, pension, retirement, or other plans. Considering the disadvantages ...more »

Corporate Income Taxes
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Rachel Maddow says Rick Perry's tax plan promises the rich huge tax cuts while ...
PolitiFactNovember 2, 2011

And, she said, when "compared to current law, Americans of all income groups are better off under the governor's tax plan." The center's analysis shows ways that such a conclusion holds up, including increases after-tax income and reductions in tax...more »

Property Taxes
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Tom Kean, Republican incumbent
MyCentralJersey.comNovember 4, 2011

As a strong and vocal supporter of both reforms, those two reforms alone will not solve the property tax problem. The complete tool kit package of reforms must also be passed and signed into law so that real change can be made to stem rising property ...more »

Sales Tax & Use Tax
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Buda City Council hopes for sales tax sharing deal with emergecy services district
Austin American-StatesmanNovember 3, 2011

In 2011, the district received about $2.1 million in tax revenue, including $409754 from the sales and use tax, Huckaby told the council. Raising the sales tax rate would bring in an extra $491000 annually. Williams and Hays County Commissioner Mark ...more »

Estate Taxes & Gift Taxes
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Comptroller: Internet sales tax would be minimal
BusinessWeekNovember 5, 2011

Maryland should not expect to generate significant new revenue by chasing unpaid sales and use taxes from online sellers without changes in federal law to enable states to collect the money, the state's top financial officer said in a ...more »

Tax Evasion Defence
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Feds: Tax 'decoder' lived large as clients' lives collapsed
Seattle Post IntelligencerNovember 15, 2011

Rather than get out of the tax fraud game, though, Kukhahn began selling bogus bonds purported to help her clients dodge their tax debts. Arrested in April 2010, Kukhahn was convicted on four counts of income tax evasion, as well as conspiracy and ...more »

International Taxation
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Forcing the fight
Indianapolis StarNovember 4, 2011

Amazon has often demanded exemption from sales tax collection laws in states where it developed new warehouses -- though that position has softened recently. The company has argued that it shouldn't be subject to a patchwork of state tax laws and that ...more »

Tax Planning
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Colorado's Hickenlooper Seeks School Cuts to Trim Budget Gap
BusinessWeekNovember 1, 2011

The state's budget gap is driven largely by an 11.1 percent increase in Medicaid costs and a 3.7 percent jump in prison expenditures, said Henry Sobanet, director of the governor's Planning and Budgeting Office, in a briefing yesterday. ...more »

Irs Filing & Compliance
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Congress Questions the IRS About Delays in Its Oversight of Nonprofit Hospitals
New York TimesNovember 1, 2011

In particular, Mr. Boustany asked the IRS to explain its plans for monitoring the so-called community benefits that nonprofit hospitals provided. He also wanted the agency to outline how it would comply with requirements for filing annual reports to ...more »

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